IBEW Lu 654 Pension Fund Trustees retirement plan: assets, participants and fees
What IBEW Lu 654 Pension Fund Trustees' retirement plan plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Novak Francella, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Retirement · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 118 defined-contribution plans in construction with 500 to 999 participants.
| IBEW Lu 654 Pension Fund Trustees: employer contribution per participant | $15,022 | |
| Peer median | $2,765 |
| IBEW Lu 654 Pension Fund Trustees: average balance | $291,239 | |
| Peer median | $76,416 |
| IBEW Lu 654 Pension Fund Trustees: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.24% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $135M at the end of plan year 2021 to $179M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 615 | $179M | $9.2M | $15,022 | 0.15% | Not published | Form 5500 ↗ |
| 2024 | 614 | $157M | $8.6M | $14,042 | 0.15% | Not published | Form 5500 ↗ |
| 2023 | 619 | $139M | $8.5M | $13,675 | 0.21% | Not published | Form 5500 ↗ |
| 2022 | 630 | $117M | $7.5M | $11,937 | 0.21% | Not published | Form 5500 ↗ |
| 2021 | 652 | $135M | $7.3M | $11,138 | 0.17% | Not published | Form 5500 ↗ |
Other IBEW Lu 654 Pension Fund Trustees plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
I.B.E.W. Local Union # 654 - Defined Benefit Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Univest Bank and Trust Co. | Schedule C ↗ |
| Independent auditor | Novak Francella, LLC (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does IBEW Lu 654 Pension Fund Trustees match 401(k) contributions?
The match terms for the I.B.E.W. Local Union # 654 Defined Contribution Plan have not been published from its filing yet. The plan year 2025 filing reports $9.2M in employer contributions, about $15,022 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the IBEW Lu 654 Pension Fund Trustees 401(k) match vested?
The vesting schedule for the I.B.E.W. Local Union # 654 Defined Contribution Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the IBEW Lu 654 Pension Fund Trustees 401(k)?
The filing names Ibew Lu # 654 Pension Fund Trustees as plan administrator; it does not list a recordkeeper.
I left IBEW Lu 654 Pension Fund Trustees. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Ibew Lu # 654 Pension Fund Trustees, (856) 773-0868). The IBEW Lu 654 Pension Fund Trustees old 401(k) page lists the contacts from every plan filing. Find an old IBEW Lu 654 Pension Fund Trustees 401(k)
Data from the public Form 5500 annual reports IBEW Lu 654 Pension Fund Trustees filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with IBEW Lu 654 Pension Fund Trustees. Not financial advice. Report a correction · Methodology